Google Ventures Conducts First FinTech Investment
Currencycloud, a London fintech world leader in cross-border payments, announced that it has raised £20 million ($25 million) from Google’s venture capital arm, GV, according to a company statement.
GV, the venture capital arm of Alphabet, Inc. and formerly known as Google Ventures, joins other investors to the five-year-old startup for the series D round, including Notion Capital, Sapphire Ventures, Rakuten FinTech Fund and Anthemis.
This high-profile investment gives the sector a much-needed boost following fears post-Brexit and pushes funding for the company to £44 million ($61 million).
https://www.cryptocoinsnews.com/google-ventures-conducts-first-fintech-investment/
